Harsco names SVP/CFO

Grasberger joins Harsco with an extensive background at both the CFO and operations executive levels, serving most recently as the managing director of the Precision Polymers Division of Fenner Plc, producers of heavyweight belting for a range of industrial and commercial markets. Prior to joining Fenner, he served as the chief financial officer of Armstrong Holdings, Inc., the parent company of Armstrong World Industries, before serving as CEO of the company's Building Products Division.

"I believe Nick will be a superb addition to our Harsco leadership team," said President and CEO Patrick Decker. "He brings exceptional credentials as a proven financial leader, a forward-looking business strategist and a seasoned executive with a strong track record in partnering with executive teams to build sustainable winning enterprises."

Grasberger will succeed Barry Malamud, who has been serving in an interim CFO capacity and will now return to his position as vice president and corporate controller, reporting directly to Grasberger.

"I am excited to join Harsco and be part of its gathering momentum," said Grasberger. "I look at this as an exceptional opportunity in my career to help shape a strong future for Harsco and its shareholders at a major stage in the company's development."